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02-26-1986 Council Agenda
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02-26-1986 Council Agenda
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THIS CONSENT OF THE <br />CONSENT TO TRANSFER <br />( "Grantor "), granted the date set forth under the signature line <br />below, <br />WITNESSETH: <br />WHEREAS, Group W Cable, Inc., a New York corporation ( "Group <br />W Cable "), through Group W Cable of the North Suburbs, Inc., a <br />wholly -owned subsidiary ( "Subsidiary "), operates and maintains a <br />cable television system in Grantor's community pursuant to that <br />certain franchise, license, permit or other authorization (as <br />amended to the date hereof, the "Franchise ") granted by Grantor <br />and evidenced by the document(s) listed on Exhibit A hereto <br />(such cable television system and the Franchise being <br />hereinafter individually and collectively sometimes referred to <br />as the "System "); and <br />WHEREAS, Group W Cable's, parent corporation, Westinghouse <br />Broadcasting and Cable, Inc., an Indiana corporation <br />( "Westinghouse "), desires to sell and otherwise transfer all of <br />the issued and outstanding shares of the capital stock of Group <br />W Cable to Century Southwest Cable Television, Inc., a Delaware <br />corporation; TCI Holdings, Inc., a Colorado corporation; <br />American Television and Communications Corporation ( "ATC "), a <br />Delaware corporation; and affiliates of, or subsidiaries or <br />partnerships owned or controlled by, Houston Industries <br />Incorporated, a Texas corporation, Comcast Corporation, a <br />Pennsylvania corporation, Daniels & Associates, Inc.; a Delaware <br />corporation, and ATC, as are specifically identified._ <br />
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